Apr 12 2013
LATimes: Brown wants China aboard California’s high-speed rail project
SHANGHAI — Gov. Jerry Brown’s trade mission to China this week is intersecting with one of the most controversial issues of his governorship: California’s $68-billion bullet train.
The governor has staked part of his legacy on the rail network, a centerpiece of his vision for California. He is hoping that China, which is enjoying an economic boom and spent $77.6 billion on overseas investments last year, according to official figures, will pump some of its cash into the troubled project.
Brown’s top economic advisor and rail commission appointee, Mike Rossi, met in Beijing with Chinese investors eager for an update on its progress. And China’s vice minister of commerce told a hotel ballroom packed with California government and business officials that his country wanted to explore “the possibility of investment in the high-speed rail project in California.”
A few potential vendors have already expressed interest. California rail board chief Dan Richard is set to meet Saturday with the China Railway Construction Corp., the country’s second-largest government-owned construction concern.
On Thursday evening, Brown, Richard and representatives of California-based railroad companies rode China’s sleek bullet train to this bustling port city from Beijing, a five-hour trip that covered about 750 miles, roughly the distance from San Diego to the Oregon border. Strolling the aisles, shaking hands with Chinese passengers, Brown extolled the nation’s 5,000-mile complex of high-speed rail, built in the last seven years.
“People here do stuff,” the governor said. “They don’t sit around and mope and process and navel-gaze. The rest of the world is moving at Mach speed.”
The Chinese interest in California’s project is a welcome boost for Brown. Although state voters approved $10 billion in bonds for a high-speed railway in 2008, they have soured on it as cost estimates have ballooned by tens of billions of dollars. The governor, who has vowed repeatedly to see the train system built, needs at least an additional $55 billion to make it happen.
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